Petroleum Ministry Moves to Fully Automate its Operations,

Ministry of Petroleum Resources yesterday announced plans to fully automate its operations, setting the stage for paperless interactions across its departments as part of a push to improve efficiency, transparency, and service delivery in Nigeria’s oil and gas sector. The initiative coming under the federal government’s Enterprise Content Management (ECM) system “Go Live”, according to…

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NCDMB bars middlemen from NCEC certification

The Executive Secretary of the Nigerian Content Development and Monitoring Board, Felix Ogbe, on Tuesday said the Board has tightened its certification process to stop middlemen and dubious operators from accessing Nigerian Content compliance documents. Speaking at the Practical Nigerian Content Forum in Yenagoa, Bayelsa State, Ogbe said the move aligns with the Presidential Directive…

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Shell walks away from initial phase of Argentina LNG project

UK supermajor Shell has announced it is pulling out of the initial phase of the multibillion-dollar Argentina LNG project, a year after announcing its participation in the project. Shell and Argentina’s state-controlled energy company YPF last December signed an agreement to develop the initial phase of the $50 billion flagship liquefied natural gas project. The…

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FG Approves payment of ₦185bn Gas Legacy Debt to Gas Producers.

• Expect improved gas supply for power sector – Ekpo Nigeria’s energy sector achieved a significant milestone as President Bola Ahmed Tinubu made strategic moves to promote upstream gas development and enhance gas-to-power generation. This initiative was reinforced by the National Economic Council (NEC), which approved the payment of legacy debts amounting to 185 billion…

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NNPC/Heirs Energies Breaks New Ground as OML 17 Doubles Output.

Adds Over 135 MMscf/d to Nigeria’s Domestic Gas Supply The NNPC/Heirs Energies OML 17 Joint Venture (JV) has achieved a major breakthrough with the innovative, rigless recompletion of a key non-associated gas well in OML 17. This was contained in a statement issued by Chidimma Ugbojiaku, theHead Corporate Communications unit ofHeirs Energies, made available to…

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NNPC to engage private partners to rebuild refineries – Ojulari

The Nigerian National Petroleum Company Limited (NNPC) plans to partner with private sector operators to rebuild and modernise its four refineries – located in Port Hacourt, Warri and Kaduna – with the aim to produce higher-quality fuels and improve operational efficiency. Bashir Bayo Ojulari, Group Chief Executive Officer said on Monday. Ojulari said the company…

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NCDMB Partners Renaissance, First E&P, to Launch Nigerian Engineering Olympiad

The Nigerian Content Developmentv and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited and First Exploration & Petroleum Development Company Limited (First E&P) recently launched the Nigerian Engineering Olympiad (NEO), an engineering competition aimed at addressing at inspiring engineering students to develop innovative projects that will solve societal problems. The project is…

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Controversial Receivership: Nestoil, Neconde Regain Full Control as Judge Vacates Ex Parte Order. proceedings to Begin Afresh

In a decisive ruling that resets one of Nigeria’s most closely watched commercial disputes, the Federal High Court in Lagos has vacated the sweeping ex parte order previously granted against Nestoil Limited and Neconde Energy Limited, restoring both companies to full control of their assets and operations. Justice Daniel Osiagor, who recently took over the…

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